14:47:41 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Chorus Aviation Inc
Symbol CHR
Shares Issued 139,964,489
Close 2018-12-17 C$ 5.32
Market Cap C$ 744,611,081
Recent Sedar Documents

Chorus Aviation declares four-cent dividend

2018-12-18 08:32 ET - News Release

An anonymous director reports

CHORUS AVIATION INC. ANNOUNCES DECEMBER 2018 DIVIDEND

Chorus Aviation Inc. has declared a monthly dividend of four cents per Class A and Class B share payable on or after Jan. 17, 2019, to shareholders of record at the close of business on Dec. 31, 2018. These dividends qualify as eligible dividends in Canada and qualifying dividends in the United States.

Effective Feb. 1, 2018, Chorus implemented a dividend reinvestment plan (DRIP) that allows Chorus to offer a discount of up to 5 per cent from the average market price for shares purchased under the DRIP. Chorus is currently offering a discount of 4 per cent.

The DRIP provides shareholders who are resident in Canada the opportunity to purchase additional Chorus shares using cash dividends paid on shares enrolled in the DRIP. Some of the benefits of participating in the DRIP include the current discount of 4 per cent, the convenience of automatic reinvestment, savings from not having to pay brokerage fees or other service charges for shares purchased under the DRIP, and the ability to acquire fractional shares. Details are provided in the investor relations section of Chorus's website.

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